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Super Abrasives Market to record USD 3.13 Bn growth -- Driven by rising demand from the electronics and transportation industries

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Sep 12, 2022, 02:15 ET

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NEW YORK, Sept. 12, 2022 /PRNewswire/ -- The "Super Abrasives Market by Product and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 3.13 billion, accelerating at a CAGR of 7.24% during the forecast period. The report considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report Here

Technavio has announced its latest market research report titled 
Super Abrasives Market by Product and Geography - Forecast and Analysis 2022-2026
Technavio has announced its latest market research report titled Super Abrasives Market by Product and Geography - Forecast and Analysis 2022-2026

The global super abrasives market is fragmented. The market consists of major vendors with a strong geographical presence. Key vendors in the market are focusing on M&A to sustain themselves due to the high threat of rivalry. Moreover, vendors are taking measures to expand their global reach by making substantial capital investments. The competitive environment in the market is predicted to intensify during the forecast period, as major players compete on the basis of factors such as the cost of production, new product innovations, pricing, operating and R&D costs, and product quality.

The report identifies 3M Co., Asahi Diamond Industrial Co. Ltd., Carborundum Universal Ltd., Compagnie de Saint Gobain SA, DR. KAISER DIAMANTWERKZEUGE GmbH and Co. KG, Gunter Effgen GmbH, Heger GmbH Excellent Diamond Tools, Hyperion Materials and Technologies, Krebs and Riedel Schleifscheibenfabrik GmbH and Co. KG, KURE GRINDING WHEEL, Meister Abrasives AG, Mirka Ltd., NORITAKE Co. Ltd., Protech Diamond Tools Inc., Super Abrasives, TOYODA VAN MOPPES LTD., Tyrolit Schleifmittelwerke Swarovski KG, and VSM AG as some of the major market participants.

Although the rising demand from electronics and transportation industries will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here

Super Abrasives Market 2022-2026: Segmentation
  • Product
    • Diamond
    • Cubic Boron Nitride

The market growth will be significant in the diamond segment over the forecast period. The expansion of the construction industry in developing economies, such as China, India, and Brazil will drive the growth of the segment.

  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • The Middle East and Africa

APAC is the major market for super abrasives, occupying 47% of the global market share. The growth of the regional market can be attributed to factors such as rising middle-class income, fast urbanization, and a shift in working-class lifestyles.

Super Abrasives Market 2022-2026: Vendor Analysis and Scope

Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research report on the super abrasives market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

The report also covers the following areas:

  • Super Abrasives Market size
  • Super Abrasives Market trends
  • Super Abrasives Market industry analysis
Super Abrasives Market 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist super abrasives market growth during the next five years
  • Estimation of the super abrasives market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the super abrasives market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of super abrasives market vendors
Related Reports:
  • Rubber Bonded Abrasive Market by Material and Geography - Forecast and Analysis 2022-2026
  • Bonded Abrasives Market by End-user and Geography - Forecast and Analysis 2022-2026

Super Abrasives Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.24%

Market growth 2022-2026

USD 3.13 billion

Market structure

Fragmented

YoY growth (%)

6.82

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 47%

Key consumer countries

US, China, Japan, South Korea, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Asahi Diamond Industrial Co. Ltd., Carborundum Universal Ltd., Compagnie de Saint Gobain SA, DR. KAISER DIAMANTWERKZEUGE GmbH and Co. KG, Gunter Effgen GmbH, Heger GmbH Excellent Diamond Tools, Hyperion Materials and Technologies, Krebs and Riedel Schleifscheibenfabrik GmbH and Co. KG, KURE GRINDING WHEEL, Meister Abrasives AG, Mirka Ltd., NORITAKE Co. Ltd., Protech Diamond Tools Inc., Super Abrasives, TOYODA VAN MOPPES LTD., Tyrolit Schleifmittelwerke Swarovski KG, and VSM AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Diamond - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Diamond - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Diamond - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Diamond - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Diamond - Year-over-year growth 2021-2026 (%)
  • 5.4 Cubic boron nitride - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Cubic boron nitride - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Cubic boron nitride - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Cubic boron nitride - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Cubic boron nitride - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Japan - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 France - Market size and forecast 2021-2026
    • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.13 South Korea - Market size and forecast 2021-2026
    • Exhibit 82: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on South Korea - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
  • 7.14 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 3M Co.
    • Exhibit 93: 3M Co. - Overview
    • Exhibit 94: 3M Co. - Business segments
    • Exhibit 95: 3M Co. - Key news
    • Exhibit 96: 3M Co. - Key offerings
    • Exhibit 97: 3M Co. - Segment focus
  • 10.4 Asahi Diamond Industrial Co. Ltd.
    • Exhibit 98: Asahi Diamond Industrial Co. Ltd. - Overview
    • Exhibit 99: Asahi Diamond Industrial Co. Ltd. - Product / Service
    • Exhibit 100: Asahi Diamond Industrial Co. Ltd. - Key offerings
  • 10.5 Carborundum Universal Ltd.
    • Exhibit 101: Carborundum Universal Ltd. - Overview
    • Exhibit 102: Carborundum Universal Ltd. - Business segments
    • Exhibit 103: Carborundum Universal Ltd. - Key offerings
    • Exhibit 104: Carborundum Universal Ltd. - Segment focus
  • 10.6 Compagnie de Saint Gobain SA
    • Exhibit 105: Compagnie de Saint Gobain SA - Overview
    • Exhibit 106: Compagnie de Saint Gobain SA - Business segments
    • Exhibit 107: Compagnie de Saint Gobain SA - Key news
    • Exhibit 108: Compagnie de Saint Gobain SA - Key offerings
    • Exhibit 109: Compagnie de Saint Gobain SA - Segment focus
  • 10.7 DR. KAISER DIAMANTWERKZEUGE GmbH and Co. KG
    • Exhibit 110: DR. KAISER DIAMANTWERKZEUGE GmbH and Co. KG - Overview
    • Exhibit 111: DR. KAISER DIAMANTWERKZEUGE GmbH and Co. KG - Product / Service
    • Exhibit 112: DR. KAISER DIAMANTWERKZEUGE GmbH and Co. KG - Key offerings
  • 10.8 Gunter Effgen GmbH
    • Exhibit 113: Gunter Effgen GmbH - Overview
    • Exhibit 114: Gunter Effgen GmbH - Product / Service
    • Exhibit 115: Gunter Effgen GmbH - Key offerings
  • 10.9 Heger GmbH Excellent Diamond Tools
    • Exhibit 116: Heger GmbH Excellent Diamond Tools - Overview
    • Exhibit 117: Heger GmbH Excellent Diamond Tools - Product / Service
    • Exhibit 118: Heger GmbH Excellent Diamond Tools - Key offerings
  • 10.10 Meister Abrasives AG
    • Exhibit 119: Meister Abrasives AG - Overview
    • Exhibit 120: Meister Abrasives AG - Product / Service
    • Exhibit 121: Meister Abrasives AG - Key offerings
  • 10.11 NORITAKE Co. Ltd.
    • Exhibit 122: NORITAKE Co. Ltd. - Overview
    • Exhibit 123: NORITAKE Co. Ltd. - Business segments
    • Exhibit 124: NORITAKE Co. Ltd. - Key offerings
    • Exhibit 125: NORITAKE Co. Ltd. - Segment focus
  • 10.12 Tyrolit Schleifmittelwerke Swarovski KG
    • Exhibit 126: Tyrolit Schleifmittelwerke Swarovski KG - Overview
    • Exhibit 127: Tyrolit Schleifmittelwerke Swarovski KG - Product / Service
    • Exhibit 128: Tyrolit Schleifmittelwerke Swarovski KG - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 129: Inclusions checklist
    • Exhibit 130: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 131: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 132: Research methodology
    • Exhibit 133: Validation techniques employed for market sizing
    • Exhibit 134: Information sources
  • 11.5 List of abbreviations
    • Exhibit 135: List of abbreviations
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